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Claire's Cosmetics maintains a net profit margin of 10.88% and a total asset turnover ratio of 1.48. Calculate the return on assets (ROA) of the
Claire's Cosmetics maintains a net profit margin of 10.88% and a total asset turnover ratio of 1.48. Calculate the return on assets (ROA) of the firm. If its debt-equity ratio is 44%, long-term debt is $20,000, interest payments and taxes are each $4, 800, and EBIT is $27,000, what is its return on equity (ROE)? Calculate the ratio that shows Claire's ability to meet the interest payments (times interest earned, TIE ratio). The return on assets (ROA) of the firm is: (Select the best choice below.) A. 16.1% B. 16.74% C. 14.81% D. 17.87% E. 14.65% The return on equity (ROE) is: (Select the best choice below.) A. 39.81% B. 42.49% C. 42.49% D. 38.28% E. 34.83% The times interest earned (TIE) ratio is: (Select the best choice below.) A. 5.63 B. 5.12
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